On March 19, 2025, World Wide Carriers Ltd. and affiliated Ontario-based companies obtained protection under the Companies’ Creditors Arrangement Act (CCAA) following financial distress and internal conflict. The group, which provided end-to-end supply chain, logistics, and warehousing services across North America, once operated a fleet of approximately 215 trucks and 450 trailers and generated over $50 million in revenue in 2022. However, post-pandemic declines in demand, escalating fuel prices, inflation, and a significant shareholder dispute led to an inability to meet debt and payroll obligations. The group initially filed a Notice of Intention (NOI) to make a proposal under the Bankruptcy and Insolvency Act on March 4, but transitioned to CCAA proceedings to facilitate creditor repayment through the refinancing or sale of real estate assets and a plan of arrangement. BMO is providing debtor-in-possession (DIP) financing, and B. Riley Farber has been appointed as the monitor. Legal counsel includes Reconstruct for the companies, Cassels for the monitor, Gowling WLG for BMO, Lax O’Sullivan for shareholder Sukhdev Dhaliwal, WeirFoulds for BVD Capital, Blaney McMurtry for TD, Simmons Da Silva for BVD Insurance, and Aird & Berlis for the majority shareholders.